Mid-Day Market Update: Microsoft Rises On Upbeat Results; Kansas City Southern Shares Decline

Midway through trading Friday, the Dow traded down 1.18 percent to 16,006.33 while the NASDAQ tumbled 1.61 percent to 4,150.91. The S&P also fell, dropping 1.37 percent to 1,803.51. Top Headline Procter & Gamble Co (NYSE: PG ) reported a better-than-expected second-quarter net profit. Procter & Gamble's quarterly